USDJPY chances of breaking down Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Jul 11, 2014 1:46 AM

The pair just retested a long time support in a daily tf. Based on the price action s/d levels, there is a chance of this pair to break downwards unless the pockets of demand levels hold.

Comments

rivac7

⋅ Jul 11, 2014 4:13 AM

TP1 hit and moving SL to BE:

rivac7

⋅ Jul 11, 2014 1:48 AM

Initial trade entry otherwise trail SL: